Example of George County Property Tax Calculation
In George County, the property tax calculation is based on the assessed value of the property. The assessed value is determined by the county assessor's office, which takes into account factors such as the property's size, location, and condition.
Once the assessed value is determined, the tax rate is applied to calculate the property tax owed. For example, if the assessed value of a property is $100,000 and the tax rate is 2%, the property tax owed would be $2,000.
It's important to note that property tax rates can vary depending on the municipality and school district in which the property is located. Additionally, property owners may be eligible for certain exemptions or deductions that can reduce their tax liability.
Overall, property taxes are an important source of revenue for local governments and help fund essential services such as schools, roads, and public safety.
If you want appeal your property tax assessment - contact your local tax assessor.
George County Property Tax Rates
The George County Property Tax rates are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| General County Tax | $0.37 |
| School District Tax | $0.92 |
| Road and Bridge Tax | $0.06 |
| Fire Protection Tax | $0.05 |
| Municipal Solid Waste Tax | $0.05 |
Note: All rates are per $100 of assessed value.
Who sets property tax rates in George County ?
In George County, property tax rates are set by the George County Board of Supervisors. This board is made up of five elected officials who serve four-year terms. They are responsible for determining the property tax rates that will be applied to all properties in the county.
The property tax rates are typically set annually, although changes can be made throughout the year if necessary. The rates are based on the assessed value of each property, which is determined by the George County Tax Assessor's Office.
It's important for property owners in George County to stay up-to-date with the latest tax rates and changes, as failure to pay property taxes can result in penalties and ultimately lead to foreclosure. Property owners can contact the George County Tax Assessor's Office for more information on current tax rates and payment options.
Homestead exemptions in George County ?
Here is a table with columns for exemption, eligibility, amount, and notes, including all county-specific Homestead exemptions and deductions in George County, Mississippi:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead exemption | All homeowners who use their property as their primary residence | $7,500 | This exemption applies to the assessed value of the property for property tax purposes. |
| Additional Homestead exemption | Homeowners who are 65 or older, or who are totally disabled | $7,500 or the assessed value of the property, whichever is less | This exemption is in addition to the standard Homestead exemption. |
| Disabled Veterans exemption | Veterans with a service-connected disability of 100% | $150,000 | This exemption applies to the assessed value of the property for property tax purposes. |
| Disabled Veterans surviving spouse exemption | Surviving spouses of veterans who had a service-connected disability of 100% | $150,000 | This exemption applies to the assessed value of the property for property tax purposes. |
| Homestead exemption for surviving spouses | Surviving spouses of a deceased homeowner | $7,500 | This exemption applies to the assessed value of the property for property tax purposes. |
It's important to note that these exemptions and deductions are specific to George County, Mississippi, and may not apply in other counties or states. Homeowners should consult with their local tax assessor's office for more information on eligibility and application procedures.
Overall, these exemptions and deductions can provide significant savings for homeowners in George County, particularly for elderly, disabled, and veteran homeowners and their surviving spouses.
When is George County Property Tax due ?
George County Property Tax Due Dates and Payment Methods
Property tax is an important source of revenue for local governments in the United States. In George County, property taxes are due on or before January 31 each year. Below you can find more information about payment methods and deadlines for George County property taxes:
Due Dates
| Tax Year | Due Date |
|---|---|
| 2020 | January 31, 2021 |
| 2021 | January 31, 2022 |
Payment Methods
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Online: You can pay your George County property taxes online using a credit or debit card. The county provides an online payment portal that you can access via their website.
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By Mail: You can also send a check or money order to the George County Tax Collector's Office. Make sure to include your property tax statement and write your tax account number on your payment.
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In Person: You can pay in person at the George County Tax Collector's Office. The office is located at 355 Cox Street, Suite A, Lucedale, MS 39452. The office is open Monday through Friday from 8:00 am to 5:00 pm.
Note that if you choose to pay in person, you may also be able to pay using cash or a cashier's check. Contact the tax collector's office to confirm accepted payment methods.
It is important to pay your George County property taxes by the due date to avoid interest and penalties. If you have any questions about your property tax statement or payment options, contact the George County Tax Collector's Office.
If you have more questions - contact your local tax collector.
How is George County Property Tax penalty calculated ?
George County Property Tax penalty is calculated based on the number of days that the property tax is past due. The penalty amount is a percentage of the total tax owed and increases each month until the tax is paid in full.
The following table shows the penalty percentage rates for George County based on the number of months past due:
| Months Past Due | Penalty Percentage |
|---|---|
| 1 | 1% |
| 2 | 2% |
| 3 | 3% |
| 4 | 4% |
| 5 | 5% |
| 6 | 6% |
For example, if a property owner owes $1,000 in property taxes and is one month past due, the penalty amount would be $10 (1% of $1,000). If the property owner is two months past due, the penalty amount would be $20 (2% of $1,000), and so on.
It is important to note that property owners who fail to pay their property taxes may also face additional legal fees and interest charges. Therefore, it is crucial to pay property taxes on time and avoid penalties altogether.
We recommend contacting the George County Tax Office or a local tax professional for the most up-to-date and accurate information.